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African Development Bank Group (AfDB)

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    • A new renewable energy platform supported by the African Development Bank and partners will serve nearly 70,000 households
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Source: African Development Bank Group (AfDB) |

African Development Bank, PowerGen, and Partners Launch Transformative Renewable Energy Platform to Scale Clean Energy Access Across the Continent

With funding secured, PowerGen is well-positioned to serve the energy needs of more than 68,000 households and reduce the cost of power for 7,000 businesses

PowerGen Renewable Energy (PowerGen) has partnered with leading international investors to establish a scalable, distributed renewable energy platform targeting the deployment of 120 MW of renewable power, including battery energy storage solutions across Africa. The platform is a collaboration between PowerGen and the Private Infrastructure Development Group (PIDG), the Danish…

African Development Bank Group (AfDB)

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    • Windmills and solar energy systems supported by the African Development Bank Group are bringing sustainable energy to the most remote areas of the continent
    • Wale Shonibare, African Development Bank's Director of Energy Financial Solutions, Policy, and Regulation
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Source: African Development Bank Group (AfDB) |

The Critical Need for Energy Access in Africa: A Roadmap to Prosperity (By Wale Shonibare)

At the current pace of electrification and with Africa’s rapid demographic growth, the number of people without electricity will remain largely unchanged unless we take bold and immediate action

By Wale Shonibare, African Development Bank's (www.AfDB.org​) Director of  Energy Financial Solutions, Policy, and Regulation  Across Africa, the sunlight shines bright and natural resources abound. Yet despite that lies a pressing issue that threatens to stifle the continent’s growth and prosperity: the lack of access to reliable and sustainable electricity.…

African Development Bank Group (AfDB)

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    • The solar plants are expected to generate 61 gigawatt-hours of clean, reliable, and affordable energy each year responding to Chad’s energy deficit
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Source: African Development Bank Group (AfDB) |

Chad: New EUR 28 million African Development Bank-funded solar project to boost Chad's energy access

The solar plants are expected to generate 61 gigawatt-hours of clean, reliable, and affordable energy each year responding to Chad’s energy deficit

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved funding worth EUR 28 million to build solar power plants in Gassi and Lamadji, Chad. This is part of the Bank's Desert to Power program to increase energy access across Africa. The funding includes EUR 20 million…

African Development Bank Group (AfDB)

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    • Africa Investment Forum 2024: Sustainable Energy Fund for Africa welcomes Japan as donor; showcases innovative financing solutions for Africa's energy transition
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Source: African Development Bank Group (AfDB) |

Africa Investment Forum 2024: Sustainable Energy Fund for Africa welcomes Japan as donor; showcases innovative financing solutions for Africa's energy transition

The announcement was made at a thematic boardroom session showcasing innovative funding structures to accelerate Africa's energy transition

The Sustainable Energy Fund for Africa (SEFA) recorded a new milestone at the Africa Investment Forum 2024, with the announcement of Japan as its newest contributor, expanding the Fund’s donor base to 11 and strengthening its capacity to support crucial energy projects. The announcement was made at a thematic boardroom…

African Development Bank Group (AfDB)

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    • The project involves the design, construction, operation, and maintenance of a greenfield wind farm divided into two sites, located along the Gulf of Suez
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Source: African Development Bank Group (AfDB) |

Egypt: African Development Bank Approves $170 Million for Egypt’s Largest Wind Energy Project

The Bank’s financing is in addition to financing expected from a consortium of Development Finance Institutions (DFIs), banks, and financial institutions

The Board of Directors of the African Development Bank (www.AfDB.org) has approved a loan of up to $170 million to support the development of the game-changing 1.1 GW Suez Wind Project, currently Egypt’s largest wind energy initiative. The total project cost is estimated at $1.1 billion. The Bank’s financing is in…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Zambia: African Development Bank’s Sustainable Energy Fund for Africa approves $8 million for development of 25 MW Solar Plant

Serengeti Energy Ltd and Western Solar Power Ltd are leading the plant development in Zambia's Sesheke District

The African Development Bank Group’s (www.AfDB.org) Board of Directors has approved an $8 million concessional loan to support the construction of a 25MW Solar Photovoltaic power plant in Zambia. The financing for the Ilute Plant will be sourced from the Sustainable Energy Fund for Africa (SEFA), a multi-donor Special Fund managed…

African Development Bank Group (AfDB)

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    • The electricity highway between Ethiopia and Kenya represents a technological advance for electricity transmission
    • The project is a model of sustainability, allowing better integration of wind power, Solar and hydroelectricity into regional networks
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Source: African Development Bank Group (AfDB) |

East Africa: The Ethiopia-Kenya Electricity Highway is Shaping Regional Connectivity with the Support of the African Development Bank

This high voltage DC infrastructure is the only one of its kind in the region and is the foundation of East Africa’s ambition to be interconnected in terms of power exchange and allow cross-border trade in energy

The electricity highway between Ethiopia and Kenya, officially opened in 2023 after more than 10 years of planning and construction, is redefining energy connectivity in East Africa. It is more than a piece of infrastructure, it is an economic and environmental entity, connecting not just power grids but nations and…

African Development Bank Group (AfDB)

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    • Dr Kevin Kariuki, Africa Development Bank Vice President for Power, Energy, Climate and Green Growth
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Source: African Development Bank Group (AfDB) |

Ninth Africa Energy Market Place (AEMP) held in Dar es Salaam ahead of key Africa Heads of State Energy Summit scheduled for 28 January in Tanzania

The summit will convene heads of state and government, ministers, international and regional organisations, and other partners, including the private sector

Further to an April 2024 pledge by the Presidents of the African Development Bank (www.AfDB.org) and the World Bank to bring electricity access to 300 million people in Africa by 2030, the Tanzanian port city of Dar es Salaam has been selected to host an Africa Heads of State Energy…

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    • On-site production of oxygen is saving the lives of newborn babies at Gitego general hospital
    • Franck Arnaud Ndorukwigira, doctor and deputy director of Gitega regional hospital, leads a tour of the wards
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Source: African Development Bank Group (AfDB) |

Burundi: Electricity from the Rusumo Falls power station, built with support from the African Development Bank, is saving the lives of hospital patients and premature babies

Cheap and reliable hydroelectric supplies mean that the Gitega hospital can spend more money on medical equipment and hospital teams can focus on saving lives

“One day, in the operating theatre, there was a power cut́ in the middle of a laparotomy [opening of the abdomen] for a case of pelvic peritonitis. We had to finish the operation using a torch. It was very hard.” Dr Franck Arnaud Ndorukwigira, doctor and deputy director at Gitega…

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    • Joseph Ribeiro, the African Development Bank’s Deputy Director General for West Africa (middle), during his visit to the Singrobo-Ahouaty hydroelectric power plant
    • In Yamoussoukro, the Bank delegation visited numerous facilities currently under construction, under the auspices of the Bélier Region Agro-Industrial Cluster Project (2PAI-Bélier)
    • In Toumodi, the 2PAI-Bélier team made a point of immortalising the Bank Group delegation’s visit
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Source: African Development Bank Group (AfDB) |

African Development Bank’s High Impact Projects Transform Côte d'Ivoire’s Energy and Agriculture Sectors

The project, 80 percent financed by the African Development Bank with a $121 million investment, is 85.7 percent complete since its launch in 2018

During a recent three-day field visit to central Côte d'Ivoire, Joseph Ribeiro, the African Development Bank’s (www.AfDB.org) Deputy Director General for West Africa, expressed his satisfaction with the progress of two high-impact projects funded by the Bank Group that are set to revolutionize the country’s energy and agricultural landscapes.  Ribeiro’s…